, Thailand’s pastry and bakery industry face fierce competition from both direct and indirect competitors as result from (1) Pastry and bakery industry face a threat from a price war; hence competitors often use

equivalent to 11.46 percent due to increases in competitors and the economic downturn in the country. Gross Profit The Company’s gross profit is THB 79.70 million equivalent to 25.83 percent, in which the

percent, due to increases in competitors and the economic downturn in the country. Gross Profit The Company’s gross profit for 1st Quarter 2018 was THB 30.26 million, represent gross profit margin of 26.21

3.69% decrease which resulted from a continuous increase in number of competitors and the economic downturn. The revenue from contract work increased by THB 1.96 million Baht or equivalent to 15.93

THB 36 mil. or 10.3% negative growth when compared to the same period of last year, primarily due to dumping price by competitors and focusing on electronic payment and number of bank branches reduction

, from continuous cost control. Over the past years, the Company has continuously adjusted its business operations to meet customers’ demands and to compete with competitors and technologies that is

years, media consumption behavior has changed from print to online media and the Company has continually adapted its business operations to meet consumers’ needs and compete with competitors and

 25mn active subscribers and 2.2mn transactions per day  Speed-up strategy to install Boonterm kiosk cover all areas to expand customer base and revenue as well as to prevent competitors entering to

continually adjusted business operations so as to be able to meet consumers’ needs and compete with the rapidly changing competitors and technology. Nonetheless, the crisis situation from the epidemic of the

prevented overseas competitors from shipping out their fabrics.  Total revenue decreased by 50.33% as Q2, 2019 revenue includes gain on sales of some investments in associate and is confirmed by the gain on